History

Tin Mining company national initiated by nationalizing
of 3 companies Netherlands in Bangka, Belitung and Singkep Comprising Banka
Tin winning Bedrujf (BTW), Gemeenschappelijke minjbouw Maatsschappij Biliton
(GMB), and Singkep Tin Exploitate Maatsschappij (SITEM). In 1961 The State Tin
Enterprises Coordinating Board (BPU PN Tambang Timah) was established to
oversee the three companies, and in 1968 The three State-Owned Companies
combined to be one State Corporation (PN) Tambang Timah. PN Tambang
Timah changed its status to be a Public Company under the name of PT Tambang
Timah (Persero) in 1976, which is fully owned by the Government of Republic of
Indonesia.

PT
Tambang Timah (Persero) Tbk changed the Company’s Articles of Association to be
PT Timah (Persero) Tbk in 1998, and conducted business diversification by
establishing a series of subsidiaries which of them is PT. Timah Industri. PT.
Timah Industri has been a crucial expansionary arm of its parent company’s
business development.

Initially,
PT Timah Industri’s focus is on its principal activities in trading,
engineering and manufacturing services, and toll smelt production. Along with
its technological and staunch human resource, the company also ventured into
construction services and manufacturing of mining equipment spare parts.

In 2009, the company has expanded its dynamic portofolio into
downstream industry to support its core business. It has setup a Tin Chemical
plant in area Krakatau Industrial Estate Cilegon, Banten with designed capacity
to reach 10.000MT annualy, and readily expandable to meet the increasing market
demand.